At a Glance
- Tasks: Analyse business needs and implement software solutions in the commercial insurance sector.
- Company: Join ValueMomentum, a leading provider in the global property & casualty insurance industry.
- Benefits: Enjoy competitive pay, health benefits, and career development opportunities.
- Why this job: Make a real impact in the insurance industry while having fun at work.
- Qualifications: Experience in commercial insurance and strong communication skills are essential.
- Other info: Diversity-focused workplace with excellent training and mentoring programs.
The predicted salary is between 36000 - 60000 £ per year.
Location: London, UK (Hybrid – 3 days onsite)
Employment Type: Permanent
Strong understanding of the mid-market commercial business segment business drivers and capabilities.
- Knowledge in requirements capture for agent and UW user journeys for pre-packaged and dynamic package policies across workflow, risk intake, pricing etc.
- Solid experience in working across business and IT stakeholders and ability to work with minimal oversight.
- Excellent oral and written communication skills to engage technical and non-technical users and drive clarity and consensus through fact-based analysis.
- Experience and knowledge of Commercial lines insurance in the P&C Insurance Domain.
- Analysis, documentation, presentation, and communication should be detailed where required and of high-quality.
- Experience in implementing software solutions using established Insurance software products or customized software solutions.
- Experience in implementing various business features and transactions: Policy Administration, Rating, Underwriting, Claims, Reinsurance of various insurance products.
- Engage with Insurance IT, Business teams and all the internal and external stakeholders involved in implementations and rollout to determine business requirements, and to ensure the development is in line with the requirements and scope.
- Configure/provide configuration of rating logic and business rules along with patterns of business logic.
- Perform functional testing of the solution to troubleshoot and identify the issues quickly, report to respective stakeholders and track to closure during development and before deployment.
- Demonstrate the solution, discuss scope changes to determine the impact analysis; engage with UAT users to assist in completing the UAT.
- Provide detailed walkthroughs of the system requirement, closely work with technical associates on project development activities, review test cases and assist in closing QA cycle, and provide knowledge transfer to other team members.
- As part of change management inform the criticality, impact, risks, and priority.
ValueMomentum is a leading solutions provider for the global property & casualty insurance industry, supported by deep domain and technology capabilities. We offer a comprehensive suite of advisory, development, implementation, and maintenance services across the entire P&C insurance value chain. This includes Underwriting, Claims, Distribution, and more, empowering insurers to stay ahead with sustained growth, high performance, and enhanced stakeholder value. Trusted by over 75 insurers, ValueMomentum is one of the largest standalone insurance-focused solutions providers to the insurance industry.
- Diversity: Committed to diversity, equity, and inclusion.
- Fun: Help people have fun at work.
- Compensation: Competitive compensation package comparable to the best in the industry.
- Career advancement: Career development, coaching and mentoring programs for professional and leadership skill development. Comprehensive training and certification programs.
- Health benefits: Comprehensive health benefits, wellness, and fitness programs.
Business Analyst - Commercial Insurance experience in Stratford-upon-Avon employer: ValueMomentum
Contact Detail:
ValueMomentum Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Commercial Insurance experience in Stratford-upon-Avon
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by practising common questions and scenarios related to business analysis in commercial insurance. We recommend role-playing with a friend or using mock interview platforms to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills through real-life examples. When you get the chance to chat with potential employers, share specific instances where you’ve successfully captured requirements or implemented software solutions. This will help them see the value you bring to the table!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged in their job search. Let’s land that dream job together!
We think you need these skills to ace Business Analyst - Commercial Insurance experience in Stratford-upon-Avon
Some tips for your application 🫡
Know Your Stuff: Make sure you really understand the commercial insurance landscape. We want to see that you can talk about mid-market business drivers and how they impact user journeys. Show us your knowledge in your application!
Tailor Your Application: Don’t just send a generic CV and cover letter. We love it when candidates customise their applications to highlight relevant experience, especially in requirements capture and working with stakeholders. Make it personal!
Show Off Your Communication Skills: Since this role involves engaging both technical and non-technical users, we want to see your excellent written communication skills shine through. Use clear, concise language and make sure your application is easy to read.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at ValueMomentum
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of commercial insurance, especially in the P&C domain. Understand the key business drivers and capabilities that impact the mid-market segment. This will help you speak confidently about how your experience aligns with the role.
✨Master the User Journey
Familiarise yourself with the requirements capture for agent and underwriter user journeys. Be ready to discuss how you've previously worked on pre-packaged and dynamic package policies, and how you can apply that knowledge to improve workflows and risk intake processes.
✨Communicate Like a Pro
Since this role requires excellent communication skills, practice articulating complex ideas clearly and concisely. Prepare examples of how you've engaged both technical and non-technical stakeholders in the past, driving clarity and consensus through your analysis.
✨Showcase Your Problem-Solving Skills
Be prepared to discuss your experience with functional testing and troubleshooting. Highlight specific instances where you've identified issues quickly and worked with stakeholders to resolve them. This will demonstrate your ability to work with minimal oversight and your proactive approach to problem-solving.